Hertz Global Holdings Inc (HTZ) concluded trading on Wednesday at a closing price of $4.01, with 5.99 million shares of worth about $24.01 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -10.69% during that period and on January 15, 2025 the price saw a gain of about 10.47%. Currently the company’s common shares owned by public are about 306.51M shares, out of which, 137.17M shares are available for trading.
Stock saw a price change of -1.23% in past 5 days and over the past one month there was a price change of -6.31%. Year-to-date (YTD), HTZ shares are showing a performance of 9.56% which decreased to -51.92% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.47 but also hit the highest price of $9.27 during that period. The average intraday trading volume for Hertz Global Holdings Inc shares is 5.73 million. The stock is currently trading 9.10% above its 20-day simple moving average (SMA20), while that difference is up 3.34% for SMA50 and it goes to -0.94% lower than SMA200.
The stock has a current market capitalization of $1.23B and its 3Y-monthly beta is at 2.44. It has posted earnings per share of -$8.91 in the same period. It has Quick Ratio of 1.57 while making debt-to-equity ratio of 27.87. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HTZ, volatility over the week remained 6.05% while standing at 7.16% over the month.
Analysts are in expectations that Hertz Global Holdings Inc (HTZ) stock would likely to be making an EPS of -0.67 in the current quarter, while forecast for next quarter EPS is -0.72 and it is -0.75 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.83 which is -0.41 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -1.36 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -853.19% while it is estimated to increase by 83.24% in next year.
Coverage by Barclays stated Hertz Global Holdings Inc (HTZ) stock as an Underweight in their note to investors on September 19, 2024, suggesting a price target of $3 for the stock. On April 26, 2024, BofA Securities Downgrade their recommendations, while on April 04, 2024, Goldman Downgrade their ratings for the stock with a price target of $7. Stock get a Neutral rating from BofA Securities on March 19, 2024.
